Dublin, 23rd August 2021,Fast growing, pan-European independent power producer
("IPP"), Alternus Energy Group Plc ("Alternus" or "the Company") is pleased to
announce the appointment of Tone Bjørnov as a non-Executive Board Director with
immediate effect.

Tone Bjørnov is a full-time portfolio non-executive chair of boards and board
member. Ms. Bjørnov worked with DNB, Norway's largest financial institution, for
twenty years, primarily with large corporate clients in Oslo and London and held
the position of Head of Investor Relations at the Oslo Headquarters until
leaving in 2006. Since then, she has worked as a portfolio non-executive
director in several Scandinavian companies across various sectors from banks and
financial institutions to shipping, real estate, media, biotech and aquaculture.
She has chaired multiple Board committees including risk, audit and nomination
in listed companies. Present board positions include Atlantic Sapphire ASA, Aqua
Bio Technology ASA, Filmparken AS and Varme og Bad AS. She received her
undergraduate degree from the University of Oslo and an undergraduate degree
from BI Norwegian Business School and resides in Oslo. 

Speaking about the new appointment, Vincent Browne, Chairman and CEO of Alternus
said: 

"We are delighted to welcome Tone to our Board of Directors. Her expertise in
corporate finance and corporate governance will be a huge asset to the Company
and assist with our ambitious growth plans following our recent listing on the
Euronext Growth Market in Oslo. We very much look forward to working with her
and utilizing her expertise of public listings in the Scandinavian markets."   
 
Ms Bjørnov commented: 

"I am thrilled to join the Alternus Board and begin to lend my expertise to the
Company and Board. Alternus has achieved significant growth over the past 12
months in terms of portfolio and investment. I am excited to contribute to the
Company's further success and become part of their sunshine story." 

About Alternus Energy Plc

Alternus Energy Group (OSE: ALT) is a fast-growing pan-European vertically
integrated independent power producer ("IPP"), headquartered in Ireland, with a
focus on the midsized utility scale solar PV market. Alternus owns and operates
a diverse portfolio of utility scale solar PV parks that connect directly to
national power grids on long-term government contracts ("FiT") and/or Pow er
Purchase Agreements ("PPAs") with investment grade off-takers. Having started in
2016 with two parks and 6 MWp capacity, the current portfolio consists of 34
owned or contracted parks in Germany, Italy, Netherlands, Romania and Poland, in
excess of 150 MWp capacity. Alternus works closely with both local and
international specialist development partners that each provide a constant
pipeline of new projects for acquisition and construction by Alternus. Alternus
aims to own and operate over 3.5 GWs of solar parks by the end of 2025 and to
become one of the largest pan-European IPPs by the end of the decade.

Forward Looking Statements: Certain information contained in this letter,
including any information on the group's plans or future financial or operating
performance and other statements that express the group's management's
expectations or estimates of future performance, constitute forward-looking
statements (when used in this document, the words "anticipate", "believe",
"estimate" and "expect" and similar expressions, as they relate to the group or
its management, are intended to identify forward-looking statements). Such
statements are based on a number of estimates and assumptions that, while
considered reasonable by management at the time, are subject to significant
business, economic and competitive uncertainties. The group cautions that such
statements involve known and unknown risks, uncertainties and other factors that
may cause the actual financial results, performance or achievements of the group
to be materially different from the group's estimated future results,
performance or achievements expressed or implied by those forward-looking
statements.